Asked by Femina Asmani on Jun 05, 2024
Verified
Section 1 of the Sherman Act provides that U.S. antitrust laws shall have a narrow reach.
Sherman Act
A landmark federal statute passed by Congress in 1890 that prohibits certain business activities considered to be anti-competitive, and requires the federal government to investigate and pursue trusts.
U.S. Antitrust Laws
Laws implemented to prevent anticompetitive practices, monopolies, and to promote fair competition for the benefit of consumers.
- Gain insight into the obstacles associated with the implementation of international law and the legal authority of international tribunals.
Verified Answer
JM
Jackson McLoughlinJun 07, 2024
Final Answer :
False
Explanation :
Section 1 of the Sherman Act prohibits any contract, combination, or conspiracy in restraint of trade, and is interpreted broadly by courts to cover a wide range of anticompetitive practices.
Learning Objectives
- Gain insight into the obstacles associated with the implementation of international law and the legal authority of international tribunals.
Related questions
The Foreign Corrupt Practices Act Makes It Illegal for an ...
Fines Imposed on Individuals for Violating the Foreign Corrupt Practices ...
The WTO Administers Trade Agreements but Does Not Get Involved ...
The World Trade Organization Was Created as a Result of ...
In the WTO,the Most-Favored Nation Principle Allows ...